House Republicans haven’t ironed out how to treat hedge funds, law firms and the millions of other business owners whose income passes through to their individual tax returns.
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Wednesday, March 1, 2017
Trump Trade Policy Expected to Seek Diminished WTO Role
The Trump administration is developing a trade policy that seeks to diminish the influence of the World Trade Organization in the U.S. and champion U.S. law as a way to take on trading partners it blames for unfair practices, according to a draft document reviewed by The Wall Street Journal.
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Key Inflation Gauge Closest to Fed's 2% Target since 2012
U.S. inflation is closing in on the Federal Reserve’s long-elusive 2% annual target, the latest evidence of firming price pressures that could bolster the case for the U.S. central bank to raise short-term interest rates as soon as this month.
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Tuesday, February 28, 2017
President's Speech Leaves Executives Optimistic, Wanting More Details
Business leaders cheered the positive tone in the president’s speech to a joint session of Congress, even as they acknowledged a continued lack of specificity in many areas, such as taxes.
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Who is the PwC Accountant Behind the Oscar Gaffe?
Brian Cullinan, the accountant responsible for the infamous envelope mixup, is a 30-year-plus veteran of PwC who has overseen clients like Disney and Paramount.
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Salesforce Sees Increase in Deferred Revenue
Salesforce.com posted a 29% jump in deferred revenue for its fiscal fourth quarter, a sign the business-software company continues to rack up customers moving computing operations to the cloud.
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Penguin Random House Acquires Global Rights to Books by Obamas
Penguin Random House said it has acquired world rights to separate books by former President Barack Obama and First Lady Michelle Obama that will look at their years in the White House.
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